Episódios
-
On this episode of AUM, we are joined by Bill Nygren, a renowned portfolio manager at Harris | Oakmark.
Bill details Harris | Oakmark's rigorous investment process, including the pivotal Tuesday meetings, devil's advocate reviews, and the importance of intellectual tension.
Bill also dives into some notable investments including General Motors and Delta Air Lines, the significance of management alignment, and the lessons learned from major investment mistakes like under-investing in Apple.
Timestamps:
00:00 Introduction to the Show and Guest
01:31 Bill Nygren's Early Passion for Investing
03:58 College and Early Career Experiences
07:56 Joining Harris Associates
16:26 The Harris | Oakmark Investment Process
18:58 Tuesday Meetings and Analyst Expectations
28:23 Mistake Management Protocol
32:18 Intellectual Honesty at Harris | Oakmark
33:07 The Organized Chaos of Harris | Oakmark
34:18 The Intensity of Portfolio Discussions
35:39 Macro View and Portfolio Decisions
38:13 Industries and Investment Criteria
41:21 Case Studies: Delta and General Motors
48:40 Understanding Management Teams
54:42 Biggest Investing Mistakes and Lessons Learned
58:18 Advice for Aspiring Investors
Find out more about the funds Bill manages here: oakmark.com
-
On the inaugural episode of AUM, we are joined by John Rotonti, the Portfolio Manager of the Industrial and Infrastructure strategy at Islamorada Investment Management.
John shares his experience from his early days at The Motley Fool and how personal circumstances led him into the world of finance. He discusses his investment process, role models, and the importance of thorough research and quality management in stock selection.
John also talks about the sectors he's focused on, key investment lessons, and the types of businesses he avoids. He highlights two of his high-quality holdings, Amphenol and Trane Technologies, discussing their valuation and growth potential.
00:00 Introduction and Guest Welcome
01:45 John Rotonti's Investment Journey
03:26 Influential Investing Role Models
10:37 Launching the Industrial and Infrastructure Portfolio
12:34 Research and Investment Process
18:14 Idea Generation and Screening
22:31 Long-Term Investment Trends
30:54 The BlackBerry Investment Lesson
32:55 Surprising Upside Investments
40:43 Valuation Insights and Strategies
44:40 High-Quality Businesses at High Multiples
54:26 Advice for Aspiring Investors
57:17 Conclusion and Final Thoughts
Find more of John's work here: https://lastbastion.com/author/jro/
-
Estão a faltar episódios?
-
Welcome to AUM, the podcast that takes you behind the scenes with the world's premier asset managers. Each episode dives deep into the processes, strategies, methods, and hard-won lessons from investing masters who have achieved exceptional results in today's complex and adaptive markets.
AUM is proudly produced by FinChat, an AI-powered equity research platform delivering complete financial data on global stocks. Many of our distinguished guests are active FinChat users. If you're looking to elevate your team's research capabilities, we invite you to explore what FinChat has to offer.
Join us as we uncover the insights and approaches that drive outstanding investment performance in modern markets.
